Moscow:

Russian President Vladimir Putin on Friday voiced confidence that India’s presidencies of the SCO and G20 will construct multi-dimensional cooperation between the 2 nations and can strengthen the steadiness and safety in Asia and your entire world.

While India formally assumed the G20 Presidency on December 1, it took over the rotating presidency of the Shanghai Cooperation Organisation (SCO) on September 16.

In his New Year messages to President Droupadi Murmu and Prime Minister Narendra Modi, Putin famous that Russia and India marked the seventy fifth anniversary of their diplomatic relations in 2022 and, counting on constructive traditions of friendship and mutual respect, the nations proceed to develop their specifically privileged strategic partnership, the Kremlin stated in a press release.

Putin stated the 2 nations carried out large-scale commerce and financial tasks along with vitality, army expertise and different areas of cooperation, and coordinated efforts in addressing necessary issues of regional and world agendas.

“I am confident that India’s recently started SCO and G20 presidencies will open new opportunities for building multi-dimensional Russia-India cooperation for the benefit of our peoples, in the interests of strengthening stability and security in Asia and the entire world,” he stated.

India has not but criticised the Russian assault on Ukraine and has been sustaining that the disaster must be resolved by dialogue.

The SCO comprising China, India, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Pakistan and Uzbekistan is a Eurasian political, financial and safety organisation. It is the world’s largest regional organisation when it comes to geographic scope and inhabitants, masking roughly 60% of the world of Eurasia, 40% of the world inhabitants, and greater than 30% of worldwide GDP.

The G20 includes 19 nations — Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkiye, the UK and the US — and the European Union. The G20 members characterize round 85% of the worldwide GDP, over 75% of the worldwide commerce, and about two-thirds of the world inhabitants.

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